Pax news and trends

Bitcoin Daily: BitPay Announces Stablecoin Payment Support, Amun Allowed To Provide Crypto-ETPs
Bitcoin // December 11, 2019

Blockchain payment service company Bitpay announced Tuesday (Dec. 10) the introduction of stablecoin payments for both users and merchants, according to a release.  The company will allow the use of three stablecoins: Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX)....

A New Device Will Help Uber Drivers Collect Tips
Ridesharing // March 09, 2017

A new device wants to make it easier for ridesharing customers to tip their drivers. According to TechCrunch, Pax is a seatback system that accepts tips in cash or credit card form. Its creator is currently looking to raise $50,000 on Kickstarter to launch the...

PAX Point-Of-Sale Terminals Will Support Apple Pay
Apple Pay // September 19, 2014

PAX Global Technology Limited, which makes a popular NFC terminal. has embraced Apple Pay. “Apple joining the mobile payments industry makes for an exciting time in our industry,” said Mr. Andy Chau, President and CEO of PAX US, “PAX has spent a lot of time...

Quick Reads
Data Security Prompts Worldpay to Switch to POS Devices From PAX Terminals

October 27, 2021
The FIS online payments processing unit, Worldpay from FIS, is replacing terminals from PAX Global Technology because of security concerns, Bloomberg reported. In lieu of PAX products, Worldpay said that it has decided to go with point-of-sale (POS) equipment from Verifone and Ingenico, according to the report, which cited unnamed sources. The company said it […]

Bitcoin Daily: BitPay Announces Stablecoin Payment Support, Amun Allowed To Provide Crypto-ETPs

December 11, 2019
Blockchain payment service company Bitpay announced Tuesday (Dec. 10) the introduction of stablecoin payments for both users and merchants, according to a release.  The company will allow the use of...

A New Device Will Help Uber Drivers Collect Tips

March 09, 2017
A new device wants to make it easier for ridesharing customers to tip their drivers. According to TechCrunch, Pax is a seatback system that accepts tips in cash or credit...